ELA-ceiling for Greek banks
05/10/2016 - Press Releases
On 4 October 2016 the Governing Council of the ECB did not object to an ELA-ceiling for Greek banks of €51.8 billion, up to and including Thursday, 20 October 2016, following a request by the Bank of Greece.
The reduction of €0.1 billion in the ceiling reflects an improvement of the liquidity situation of Greek banks, amid a reduction of uncertainty and the stabilization of private sector deposits flows.